4324 stories by Philip Conneller
Surprise Alliance of Leagues and Operators Emerges to Fight Threatened Intralot Sports Betting Monopoly in Washington DC
MGM Resorts, DraftKings, and FanDuel have joined forces with the NBA, MLB, and the PGA in a bid to impose shared interests on Washington DC sports betting legislation. It’s the first known instance of sports...
Genting Dragged $66 Million into the Red After US DOI Nixes Tribal Casino Project
Genting Berhad booked Q3 net losses of more than $66 million on Friday. The Malaysian casino giant largely blamed its jeopardized investment in a Massachusetts tribal casino project, which was torpedoed by the US Department...
New York Appeals Ruling That Declared Daily Fantasy Sports Illegal, But So Will Anti-Gambling Groups
The State of New York has appealed against a judge’s ruling that daily fantasy sports is illegal gambling under the state constitution, which nullified the legislature’s effort to legalize and regulate the contests in 2016....
British Columbia’s Biggest Ever Casino Money Laundering Prosecution Case Falls Apart
A criminal case against a British Columbia company that police allege was a front for an underground bank that laundered drug money through the province’s casinos has apparently collapsed. Charges were filed against Silver International...
Gambler Gets Life Sentence for Punch That Killed Reno Eldorado Casino Manager
A Reno gambler who went from being just another a sore loser to a murderer in a matter of a few catastrophic minutes will spend the rest of his life in prison. Frederick Douglas Borden,...
UKGC Turns Screws on Errant Licensees With £14 Million in New Fines
The UK Gambling Commission continues to pile regulatory pressure -- and seven-figure fines -- on wayward online gaming companies. On Thursday, the regulator announced three operators had been hit with a total of £14 million...
Las Vegas Exec Who Subsidized Gambling with $1.5 Billion Ponzi Scheme Guilty of Fraud
A Las Vegas CEO who funded a luxury gambling lifestyle through a $1.5 billion Ponzi scheme was found guilty of fraud and money laundering by a jury in Nevada on Tuesday. Japanese-American Edwin Fujinaga, 72,...
Washington D.C. Council Drops League Demands from Sports Betting Plan
In a snub to America’s sports leagues, D.C. City Council has removed language from its sports betting bill that would have seen the leagues reap a so-called “integrity” fee from a future wagering market, SportsHandle...
Potawatomi Tribe Will Withhold $250 Million in Payments to Wisconsin if Competing Tribe’s Plan Comes to Fruition
The Potawatomi tribe has agreed an amended compact with Wisconsin Governor Scott Walker, putting to bed a 15-year dispute over gambling expansion and revenue-share payments. Under the terms of the new agreement, the tribe will withhold...
Eighty Percent of UK Gambling Marketing Spend Now Goes Online
Online advertising now accounts for 80 percent the UK gambling industry’s marketing spend, according to new research for GambleAware, the country’s leading independent gambling charity. The study, by Regulus Partners, found that British betting companies...